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Sasol Limited is an integrated energy and chemical company based in Sandton, South Africa.The company was formed in 1950 in Sasolburg, South Africa, and built on processes that German chemists and engineers first developed in the early 1900s (see coal liquefaction).
Secunda CTL is a synthetic fuel plant owned by Sasol at Secunda, Mpumalanga in South Africa. It uses coal liquefaction to produce petroleum-like synthetic crude oil from coal. The process used by Sasol is based on the Fischer–Tropsch process. It is the largest coal liquefaction plant and the largest single emitter of greenhouse gas in the world.
It is doubtful whether an industry such as Sasol Synfuels ever formed part of the plans when Sasol One was formed in the 1950s. Sasol Two (1 March 1980) and Sasol Three (10 May 1982), known as Secunda CTL, the largest coal liquefaction plant in the world, produces synthetic fuel, diesel, and related fuels and petrochemicals from coal gasification.
Sasol, the world's biggest producer of motor fuel from coal, said on Wednesday it had reached an agreement to sell the 16 air separation units, which have a capacity of 42,000 tons per day and ...
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Sasol (SSL) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
The ex-workers took SASOL to court as result and, in 1989, the Labour Court ruled in favour of the ex-workers; however, as of 2014, they have yet to receive compensation. SASOL still denies responsibility and, as a result of the refinery's designation as a National Key Point, the actions taken against workers remain secret until today. [2]
Sasol to License ExxonMobil Technology for Louisiana Polyethylene Plant HOUSTON--(BUSINESS WIRE)-- ExxonMobil Chemical Technology Licensing LLC, an affiliate of ExxonMobil Chemical Company, (NYS ...